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BNBUSDT Perpetual Contract
Long

Binance Coin BNB: Bulls vs. Resistance

By Trade-Lean
Updated

BNB confronts the formidable resistance at $594.45, testing the resilience of bullish momentum.

A successful breach might propel BNB towards targets of $622.35 and $655.65.

However, a retreat below $542.50 could signal a corrective move down to $481.25.
Note
BNB was not able to break through $594.45 and pulled back.

Breaking $594.45 could push towards $622.35 and higher to $655.65.

A dip below $542.50 will send BNB back to $481.25.
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